KTR is stabilizing before its next climb KTR is stabilizing at $0.16 (above its former resistance of $0.15). Remember that this resistance has persisted for almost 18 months so breaking through this resistance sends a strong buy signal for KTR.
What I see is that the daily volume has been increasing for over a month... that means people are starting to accumulate before the next move up. Which I think will be significant.
Why did we break through the resistance? I don't know but people are talking about the upcoming results on Wabash channel sampling that are due out soon and/or the JV with IAMGOLD.
And as they say: "You buy on the rumor and sell on the news!"